SoftBank Unit Buys T&D Life Insurance Arm
SoftBank Group's payments unit is buying the life insurance unit of T&D Holdings for 134.3 billion yen. The acquisition is intended to broaden SoftBank's offerings and enhance its competitiveness in Japan's fintech market.
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Sources · 7 independent
Mastodon
“SoftBank Group's payments unit is buying the life insurance unit of T&D Holdings for ¥134.3 billion ($840 million) to broaden its offerings and better compete in Japan's ballooning fintech market.”
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